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Re: Knowledge is King post# 366

Sunday, 11/22/2009 9:32:25 PM

Sunday, November 22, 2009 9:32:25 PM

Post# of 481
KIK: SECX was a nice find, BUT -

According to my calculations did not comply with the minimum daily dollar volume requirement of $5000 on 11/9 the date you traded into it - sorry to be a stickler, but I checked into it after seeing you catapult into a virtually insurmountable lead this week.

Even now, after a week of relatively "heavy" volume post earnings, yahoo shows the trailing 3 month average daily volume as only 3823 shares .... and even that fails the $5K rule when applying the 11/9 closing stock price of $1.29 .... 3823 x 1.29 = $4932. The trailing 3 month volume was notably lower on 11/9 than it is today.

I estimate the trailing daily 3 month dollar volume as roughly $4000 on 11/9.

Or is the Yahoo historical volume data inaccurate ????
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